InSouth Africa, the legal currency is called therand. South African currency works similarly to the United States dollar: one rand is made up of one hundred cents. Rand currency is usually written with a capital R, whereas the US dollar uses a dollar sign. Currently, the average monthly sa...
(Economic and Monetary Union) The consolidation of European currencies into one monetary unit called the "euro," which phased in on January 1, 1999. Accounting systems that dealt with the currencies of the participating countries had to deal with both native and euro values. On January 1, ...
South Africa New Zealand Flag: Region: AFRICA OCEANIA Sub-Unit: 1 Rand = 100 cents 1 Dollar = 100 cents Symbol: R NZ$ Center Bank: South African Reserve Bank Reserve Bank of New Zealand Description: The rand is the currency of South Africa, and it is also the currency of the Common ...
The rand is the currency of South Africa, and it is also the currency of the Common Monetary Area between South Africa, Swaziland and Lesotho. Although Namibia withdrew from the Common Monetary Area, the rand is still legal tender there. -- The British pound sterling which commonly called the...
Exchange Rates An exchange rate between two currencies is the price of a country's currency in relation to another currency (called a currency pair). An exchange rate thus has two components: the domestic currency and a foreign currency. ...
South Africa Rand ZAR R R 82 52 Sri Lanka Rupee LKR ₨ ₨ 8360 20a8 Sweden Krona SEK kr kr 107, 114 6b, 72 infoThis symbol is composed of two sequential characters: a lower case "k" followed by a lower case "r". Switzerland Franc ...
Ducie is an uninhabited atoll in the Pacific Ocean, located 470 km east of Pitcairn. Administratively it is a British Overseas Territory. Ducie was discovered in 1606 by Pedro Fernandez Quiros, who called it Luna Puesta. It was rediscovered by HMS Pandora captain Edward Edwards, who was sent...
USD United States of America Dollars UYU Uruguay Pesos UZS Uzbekistan Sums VEF Venezuela Bolivares Fuertes VND Viet Nam Dong VUV Vanuatu Vatu WST Samoa Tala XAF Communauté Financière Africaine BEAC Francs XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollars XDR International Monetary Fund ...
It is also the 10 most-traded currencies in the world exchange market.In the context of currency trading; it is often informally called the "Kiwi". -- The rand is the currency of South Africa, and it is also the currency of the Common Monetary Area between South Africa, Swaziland and ...
Why Is South African Currency Called the ZAR? ZAR is an abbreviation for Zuid-Afrikaanse Rand, which means South African rand in the Dutch language. The rand takes its name from Witwatersrand, which is the location of a majority of South Africa's gold deposits. ...